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Serving: NE

Land market remains strong

Curt Arens Pasture
PASTURE AND HAY LAND: Pasture and hay land were among the reported land sales from BigIron Realty, based in Columbus, Neb.
High commodity prices and low interest rates continue to drive land values.

There is plenty of optimism in the agricultural markets right now, and there is little land coming up for sale. According to BigIron Realty, it is a great time to sell land, with high commodity prices and low interest rates. The time needed to market a farm for online auction is about seven weeks.

BigIron Realty of Columbus, Neb., a licensed real estate broker in eight states, compiles the reports for this column. However, not all sales are handled by BigIron each month. For more information, contact BigIron at 800-887-8625.

The following are several of the most recent sales in Nebraska and Kansas:

Southeast

Lancaster County. A total of 146.37 acres sold at online auction for $1,376,812.50 in two tracts. Tract 1 is 54.87 acres and is dryland that lies relatively level to gently rolling. It is located on the north side of Olive Creek Road and the west side of 120th Street. Tract 2 is 91.5 acres of dryland farm ground. It is located on the south side of Olive Creek Road and is level to gently rolling. — Compliments of BigIron Realty

Lancaster County. A total of 140.36 acres sold for $1,051,998.20. This is an excellent, pivot-irrigated property with an eight-tower Reinke center pivot with pressure regulators powered by a diesel engine with a gear head. — Compliments of BigIron Realty

North

Holt County. A total of 1,089,24 acres sold at online auction for $3,311,930. This farm is a lush hay meadow for hay or for early- or late-summer and fall grazing. There is a submersible well, and it is separated into four tracts, divided by a barbed wire fence or a road. — Compliments of BigIron Realty

Kansas

South-central

Reno County. A total of 548.62 acres sold at online auction for $1,288,444 in five tracts. These tracts are all good farmland with good soils and are close to grain markets. On these tracts, there is great hunting with signs of deer tracks and trails. — Compliments of BigIron Realty

Pratt County. A total of 197.8 acres sold at online auction for $251,206. This is healthy pasture ground that produces thousands of pounds of forage per acre with multiple grass species and an excellent four-wire stretched fence on steel posts. — Compliments of BigIron Realty

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